Huobi's official announcement shows some major asset reserves, including more than 32,000 BTC, 274,000 ETH, 820 million USDT, and 9.7 billion TRX. The total assets announced this time are about 3.5 billion US dollars, and the snapshot time is around 0:00 on November 13. Huobi also stated that it will cooperate with a third party to complete the 100% margin Merkle tree reserve certificate and publicize it within the next month.